Final Thoughts
July 29, 2021
Final Thoughts
Written by Tim Triplett
Some experts believe short supplies and record-high steel prices are nearing a tipping point with new steelmaking capacity soon to come online and loads of imports on the water headed this way. But that’s not the prevailing sentiment among the service center and manufacturing executives who responded to SMU’s questionnaire this week. While it may be wishful thinking, few of them expect a significant correction in steel prices before next year.
Here’s what some of them had to say:
